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Steve buys last year's best-selling novel, in hardcover, for $14.00$⁢14.00.  This is with a 30%30% discount from the original price. What was the original price of the novel?

Question

Steve buys last year's best-selling novel, in hardcover, for 14.0014.00⁢14.00.  This is with a 30%30% discount from the original price. What was the original price of the novel?

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Solution

Step 1: Understand that the price Steve paid is only 70% of the original price because he got a 30% discount.

Step 2: Set up the equation to find the original price (let's call it X). The equation is 70% of X = 14.00.Inmathematicalterms,thisis0.70X=14.00. In mathematical terms, this is 0.70X = 14.00.

Step 3: Solve the equation for X by dividing both sides of the equation by 0.70.

So, X = 14.00/0.70=14.00 / 0.70 = 20.00.

Therefore, the original price of the novel was $20.00.

This problem has been solved

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